ExxonMobil (XOM) Expected to Announce Earnings on Friday

Key Points

• ExxonMobil is expected to report Q3 2026 results before markets open on October 30. Analysts forecast earnings of $4.10 per share on revenue of $105.43 billion, compared with $3.52 EPS and $114.53 billion in revenue in the prior quarter.
• XOM shares have shown strong momentum, opening at $177.94 and trading near their 52-week high of $180.31. The stock pays a $1.03 quarterly dividend, representing a 2.3% yield.
• Analyst sentiment is generally positive, with MarketBeat reporting a “Moderate Buy” consensus and an average price target of $167.70. Higher crude prices and long-term growth from Permian Basin and Guyana assets support the outlook, though an Illinois refinery disruption remains a near-term risk.

ExxonMobil (NYSE:XOM - Get Free Report) is expected to post its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect ExxonMobil to post earnings of $4.10 per share and revenue of $105.43 billion for the quarter. Interested persons may review the information on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, October 30, 2026 at 9:30 AM ET.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing the consensus estimate of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The firm had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. During the same quarter in the previous year, the business earned $1.64 earnings per share. On average, analysts expect ExxonMobil to post $13.63 EPS for the current fiscal year and $12.96 EPS for the next fiscal year.

ExxonMobil Trading Down 0.1%

Shares of XOM stock opened at $177.94 on Friday. ExxonMobil has a 52-week low of $112.51 and a 52-week high of $180.31. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. The firm has a market capitalization of $737.56 billion, a PE ratio of 21.53, a PEG ratio of 0.89 and a beta of 0.21. The stock has a fifty day simple moving average of $165.33 and a two-hundred day simple moving average of $154.89.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were given a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, August 17th. ExxonMobil's payout ratio is presently 53.02%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. BMO Capital Markets upped their price objective on ExxonMobil from $160.00 to $170.00 and gave the stock a "market perform" rating in a research note on Wednesday, August 12th. Mizuho decreased their target price on ExxonMobil from $175.00 to $170.00 and set a "neutral" rating on the stock in a research note on Thursday, July 9th. BNP Paribas Exane lowered their price target on ExxonMobil from $165.00 to $155.00 and set a "neutral" rating on the stock in a report on Friday, July 17th. Piper Sandler upped their price target on ExxonMobil from $158.00 to $185.00 and gave the stock a "neutral" rating in a research note on Thursday, September 3rd. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $180.00 price objective (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and thirteen have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $167.70.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher crude prices support earnings. ExxonMobil shares have gained about 12% over the past month and 45% this year as Middle East attacks pushed Brent crude above $100 per barrel. Higher oil prices can improve upstream revenue and cash flow. ExxonMobil Just Gained 12% in a Month and Chevron 11%: Take Profits, or Buy More?
• Positive Sentiment: Analyst sentiment has improved. Zacks upgraded XOM from “hold” to “strong buy,” while Barclays raised its price target. The upgrades reflect ExxonMobil’s strong performance, balance sheet and outlook. Zacks Research Stock Recommendations ExxonMobil Stock Gets Price Target Bump from Barclays
• Positive Sentiment: Long-term production prospects remain favorable. Low-cost Permian Basin and Guyana assets are expected to support upstream production growth through 2030, while disciplined investment could strengthen returns as oil prices remain elevated. Can ExxonMobil Strengthen Its Long-Term Upstream Production Capacity?
• Neutral Sentiment: Momentum is attracting investor attention. Analysts describe XOM as a strong momentum stock and note that it has outperformed BP, although BP’s lower valuation may appeal to value-focused investors. XOM vs. BP: Which Integrated Energy Giant Has the Edge?
• Negative Sentiment: Illinois refinery disruption is a near-term concern. The outage has contributed to a surge in Midwest gasoline prices and could pressure ExxonMobil’s refining volumes or raise repair costs, despite potentially supporting regional fuel margins. Midwest Pump Prices Surge After Disruption at Exxon’s Illinois Refinery

About ExxonMobil

Exxon Mobil Corporation, doing business as ExxonMobil NYSE: XOM, is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.

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